Weekly Crypto Roundup: Updated 02 August 2023

Bitcoin’s price dropped below $29,000 this week, it bottomed to as low as $28,895 on Tuesday Malaysian time, before bouncing back up above $29,000. Bitcoin suffered the largest defeat among all other coins in the past week, losing by about 2.66%. Traders seek refuge in Uniswap’s UNI token, driving its price up by 8.71% amid the chaos. Simultaneously, some Bitcoin believers view this as a golden opportunity to acquire more Bitcoin at a cheaper price. Will you do the same?

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